Geothermal Rebate Programs

According to the U.S. Environmental Agency, geothermal systems are the most energy efficient, cost effective and environmentally friendly space conditioning systems available. Geothermal heating and cooling systems from WaterFurnace can save building owners up to 60 percent on their monthly energy bills. And because they do not burn any fossil fuels, they provide safe, reliable comfort without flames, fumes or threat of carbon monoxide poisoning. For more information about high performance high-efficiency geothermal heating and cooling systems, call Eden Energy Equipment at 800-665-3336 or visit www.waterfurnace.ca

 

If the original can be certified that it was installed according to CSA C488 standard, then it should be acceptable. The question becomes: How do I certify? We will keep you up to date as more information is available. Below is a list of the current incentives available.

 

Ontario Provincial Rebate

Ontario Premier Dalton McGuinty has announced a $150 million rebate program. This rebate program, under the Home Energy Retrofit Program, gives incentives to Ontarians to "go green" at home through:

    A Home Energy Retrofit Program providing up to $5,000 for home energy retrofits
    Extending the RST rebate and PST rebates on qualifying geothermal equipment to January 1, 2010
    Developing a program that helps Ontarians purchase 100% green power
    A plan to give 0% interest loans for homeowners installing renewable energy systems
    A 50% rebate up to $150 on the cost of the INITIAL home energy audit cost

     

    ecoEnergy Rebate

    Natural Resources Canada (NRCan) is offering a new residential energy efficiency assessment service to owners of single family homes including, detached, semi-detached, and low-rise multi-unit residential buildings (MURBs) that are no more than three storeys high. Under the ecoENERGY Retrofit program, property owners can qualify for federal grants by improving the energy efficiency of their homes, and reducing their home's impact on the environment. You can get up to $3,500 in rebates for Geothermal.

     

    Cool Savings Rebate

    The Ontario Power Authority’s Cool Savings Rebate Program provides you with the opportunity to help do your part to reduce Ontario’s electricity consumption, while saving money. The Ontario Power Authority will rebate up to $550 for the installation of a retrofit EnergyStar geothermal system. Many WaterFurnace units meet the energy requirements.

     

    RST Rebate Program

    As part of the 2004 Ontario Budget, the Ontario government expanded the current Retail Sales Tax rebate for solar energy systems installed in residential premises to include:

    Wind energy systems
    Micro hydro-electric energy systems
    Geothermal energy systems


    Cambridge & North Dumfries Hydro Rebate Program

    Cambridge & North Dumfries Hydro wants their customers to embrace leading edge technology that reap good energy and financial savings. They are offering a financial incentive to any of their customers that install a Ground Source (geothermal) Heating/Cooling System. Once your installation is complete, their incentive would pay you up to $1500. This program is being administered through the Residential Energy Efficiency Program (REEP). Call them directly at (519) 744-9799 for full details and to discuss your eligibility.

     

    Electricity Retrofit Incentive Program

    The Ontario Power Authority has created an incentive program for businesses looking to replace or upgrade any existing electric technologies. Incentives are available for pre-approved projects that result in a notable reduction in electrical peak demand.

     

    Federal Geothermal Incentive

    The Federal incentive, under the ecoAction Program, will give homeowners $3,500 with the following conditions:

    The house must have a pre- and post-retrofit energy audit
    The contractor must verify that the retrofit is according to CSA standard C448
    The equipment must be tested and meet the requirements of CSA standard C13256-1 for water-to-air geothermal units, or CSA standard C13256-2 for water-to-water geothermal units.
    Many WaterFurnace units meet the requirements of CSA standards C13256-1 or C13256-2.

     

    Municipal

    Local municipalities have introduced their own incentives. Be sure to check with your local city or township to stay up to date.

     

    *Rebates and Incentives are subject to change without notice.